An exceptional investment opportunity in the heart of East New York, Brooklyn! This classic 2-family residence at 387 Ashford Street offers a solid holding property with strong rental potential in a neighborhood experiencing steady growth and demand. The building features 2 residential units in a 2-story structure totaling approximately 2,000 sq. ft., set on an 1,800 sq. ft. lot. Perfect for investors looking to add reliable income-producing real estate to their portfolio or for buyers interested in living in one unit while renting the other. Situated close to transportation, local shops, schools, and community amenities, this property combines location and upside potential in one of Brooklyn’s dynamic markets.
Listed by Kenneth Mungin
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Fave Realty Inc
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516-519-8049
Last updated January 29, 2026
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Source: OneKey #943529
Listing Facts
TypeMulti-family
NeighborhoodEast New York
Bedrooms5
Bathrooms2
Days on Prevu48
Taxes$2,061.92/year
Location
Mortgage Calculator
Listing History
12/14/2025
Listed by Fave Realty Inc
$899,999
Estimated Closing Costs
Total
$27,409
Attorney Fees
$4,000
Title Insurance
$4,050
Bank Attorney
$1,500
Mortgage Recording Tax
$13,859
Other Closing Costs
$4,000
Estimated closing costs are based on the list price of $899,999 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.
Property Details for 387 Ashford Street
Exterior
Construction
Number Of Units Total: 2
Property Attached: Yes
Year Built: 1901
Architectural Style: Other
Construction Materials: Brick
Features
View: Neighborhood
Measurements
Building Area Total: 2,000
Building Area Units: Square Feet
Lot Size Acres: 0.04
Lot Size Square Feet: 1,800
Financial
Taxes
Parcel Number: 04016-0009
Tax Annual Amount: $2,061.92
Tax Assessed Value: $44,040.00
Tax Year: 2024
Interior
Features
Interior Features: Other
Rooms
Basement: Finished, Full
Has Basement: Yes
Bathrooms Full: 2
Bathrooms Total Integer: 2
Bedrooms Total: 5
Parking
Parking
Parking Features: On Street
Schools
Elementary School
Elementary School: Academy Of Arts And Letters
Elementary School District: Brooklyn 13
High School
High School: Bedford Academy High School
High School District: Brooklyn 13
Middle or Junior School
Middle Or Junior School: Dock Street School For Steam Studies
Middle Or Junior School District: Brooklyn 13
Utilities
Equipment
Cooling: Wall/Window Unit(s)
Heating: Natural Gas, Other
Sewer: Public Sewer
Utilities: Electricity Available, Natural Gas Available, Sewer Connected, Trash Collection Public, Water Connected
Water Source: Public
Frequently Asked Questions
How many bedrooms and bathrooms does this multi-family home have?
There are 5 bedrooms and 2 bathrooms in this multi-family home at 387 Ashford Street.
What schools are nearby to 387 Ashford Street?
Nearby schools include the Academy Of Arts And Letters Elementary School, Dock Street School For Steam Studies Middle School, and Bedford Academy High School.
What are the annual taxes for 387 Ashford Street?
Annual taxes for this multi-family home are estimated at $2,061.
How does 387 Ashford Street compare to other multi-family homes in East New York?
This multi-family home is listed 14% below the average price for multi-family homes in East New York and has been on the market for 67 less days than the typical home in this area.
387 Ashford Street is a 5-bedroom, 2-bath multi-family home for sale in Brooklyn NY 11207. Available on Prevu for 48 days at $899,999. This residence is located in East New York. The median listing price for multi-family homes in this area is $887,500. Nearby schools include Academy Of Arts And Letters Elementary School, Dock Street School For Steam Studies Middle School, and Bedford Academy High School. Explore more multi-family home listings in Brooklyn.
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Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.